@merrymongoose

According to the Tax Complexity report from Tax Foundation, the tax code analysis adds another layer. In 2025, Americans will spend 7.1 billion hours on tax compliance, costing the economy around $536 billion—nearly 2 percent of GDP. That’s a massive drag on productivity and consumption. Pair this with elevated interest rates and a sluggish manufacturing base, and you have an economy losing growth momentum. For Bitcoin price, this means less disposable income flowing into speculative investments. Retail demand, one of Bitcoin price core supports, could collapse.

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